As HSN Inc. reported a 5 percent drop in earnings for the second quarter of 2014, CEO Mindy Grossman took on the question that seemed to be on a lot of minds – is she job hunting?

“Anyone that knows me knows that my commitment [to HSN] is unparalleled,” Grossman said in response to an analyst question, likely prompted by reports in July that she was talking to JCPenney Co. but the deal broke down when the two parties could not agree on terms.

“This is not [just] a job for me. This is a passion play,” Grossman said on the earnings conference call.

“I take it as a compliment when we are called a cult,” Grossman said, adding, “That’s how everybody feels about this business.”

While Grossman said she can’t control press reports, “the reality is this is where my commitment is both personally and professionally.”

She has some work cut out for her at HSN (NASDAQ: HSNI), a St. Petersburg-based multichannel retailer that reported net income of $40.9 million, or 76 cents a share, for the three months ended June 30, compared to net income of $43.3 million, or 79 cents a share, for the same period a year ago.

Revenue for 2Q 2014 was $855.2 million, compared to $812.6 million a year earlier, and that beat Wall Street forecasts, the AP said.

The company’s HSN division, which includes the HSN television networks, posted 6 percent sales growth, while Cornerstone, with its catalogs and associated e-commerce business for home and apparel lifestyle brands, had a 4 percent gain in sales.